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General Electric Rises On Unusually High Volume (GE)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK (
TheStreet) --
General Electric (NYSE:
GE) is trading at unusually high volume Friday with 84.5 million shares changing hands. It is currently at two times its average daily volume and trading up 76 cents (+3.6%) at $22.06 as of 3 p.m. ET.

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General Electric has a market cap of $221.47 billion and is part of the industrial goods sector and industrial industry. Shares are up 1.5% year to date as of the close of trading on Thursday.

General Electric Company operates as a technology and financial services company worldwide. The company has a P/E ratio of 15.8, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates General Electric as a
buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, increase in net income, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full
General Electric Ratings Report.